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Optimize Financial Inc bought shares of Constellation Brands, a company that beat earnings forecasts and raised its dividend.
Optimize Financial Inc acquired 1,903 shares of Constellation Brands Inc (STZ), valued at about $421,000, during the fourth quarter. Constellation Brands reported a strong quarter, exceeding earnings expectations by $0.35 to $2.63 per share. The company's market cap is $33.55 billion, and it just increased its quarterly dividend to $1.02, yielding 2.20%. Analysts have a "Moderate Buy" rating on the stock with a target price of $234.38.
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